it must be old if they're still using cooper black.

Revolution?

So expecting the NSA/ATT to start monitoring my sift posts now.

and the top 1% is paying a lot of the taxes, while the strung-out crack whore is collecting welfare and taking money from everyone else

yes, it always works both ways, and nobody's ever happy

Boot licker....

Colourful charts and graphs related to the Federal Reserve survey results.

"Edward Wolff is a professor of economics at New York University. He is the author of Top Heavy: The Increasing Inequality of Wealth in America and What Can Be Done About It, as well as many other books and articles on economic and tax policy. He is managing editor of the Review of Income and Wealth"....Read the Interview...

And Edward wrote a book.

*promote

Promoting this video back to the front page; last published Friday, August 10th, 2007 1:40am PDT - promote requested by dotdude.

>> ^GuyIncognito:
Revolution?


by revolution, you mean "lets form a lynch mob a rob the rich guys house" ?

The federal government owns 2.7 trillion out of 14 trillion, or 19.28% of the national income.

At last count, there were 15,788,784 governmental employees, or 5% of the 300 million US residents. Therefore, 5% of residents control 19.28% of the national income. This money was not obtained through the creation an innovative products, services, or ideas as in the private sector, but rather at the forced taxation of the other 95% or 285 million Americans.

Revolution?

Its unfair to lay a blanket of blame at 'government' like that, when you had an administration that had no understanding of fiscal responsibility and choose to spend more then it was earning back because of some stupid belief that American business would make it all prevail.

Federal Spending Pie Chart

Maybe if the US stops spending so much on its military it can start spending whats needed to pay back the national debt and reduce Social Security spending concerns and rework the Medicare program.

Choose your administration and leaders wisely.

Those top 1% presumably don't work in the government...



does the administration really matter that much?
Isn't it more likely that a ruling class of civil servants and functionaries makes it all happen, otherwise democracy would mean - having an official revolution every four years.


Oh, the "super-rich" were for Obama (an they don't care about taxes, according to the poll)
http://blogs.wsj.com/wealth/2008/10/13/the-rich-support-mccain-the-super-rich-support-obama/?mod=MostPopular



perhaps feudalism is the answer. I like feudalism.

^bluecliff:
does the administration really matter that much?

I don't know you tell me, does $2.7 trillion matter much to you?

All you are doing is trading the upper class for the bureaucratic class, as is the case in communism.

i laugh at america so free!
fascist government and no healthcare is result of capitalist LIE

*kill

Permanently discarding this video - kill requested by submitter karaidl.